**Investment Opportunity in the Heart of the City**
**This property cannot be lived in**
This one bedroom apartment is an unique investment opportunity currently run through the Hindmarsh Square Managed Investment Scheme known as the Manta Hindmarsh Square Hotel.
Offering hassle free investment through a hotel chain providing business, holiday and short stay options for travellers.
The apartment provides a small but very usable kitchenette for occupants allowing for longer stays, an open plan style dining bench and living space, very spacious bedroom with built in robe, bathroom and stone bench tops throughout.
For year round comfort the apartment offers ducted reverse cycle air conditioning and is fully furnished.
For guests the apartment complex offers 24 hour reception, lift access, downstairs restaurant 'DJ Diners & Bar', on site gym and all the convenience the city has to offer.
Assessable Income for the Financial Year of 2024/25 was $15,889.67.
Great Location in the East End precinct.
As part of the deal the owners receive 14 free days use of the apartment each financial year.
Council / City of Adelaide
Council Rates / $1,970.65 p.a.
Water & Sewer / $176.30 p.q.
Admin Levy / $624 p.q.
Sinking Fund / $163 p.q.
All information provided has been obtained from sources we believe to be accurate however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
